US Treasury Secretary Scott Bessent made his most explicit call yet for the Federal Reserve to execute a cycle of interest-rate cuts, suggesting the central bank's benchmark ought to be at least 1.5 ...

The dollar slipped on Friday as a data-heavy week wound down, keeping the case for a September Federal Reserve interest rate ...

The stock market cut losses but it wasn't enough to erase all of the early losses made on a hot inflation report.

Japan's government on Friday brushed aside rare and explicit comments from U.S. Treasury Secretary Scott Bessent who said the ...

President Trump's tariffs continue to affect global markets and the economy. Follow for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq ...

TOKYO (Reuters) -Japan's Finance Minister Katsunobu Kato said on Friday the government must closely watch the economic and ...

Japan’s chief trade negotiator Ryosei Akazawa said US Treasury Secretary Scott Bessent isn’t directly asking Japan to hike ...

Fed cuts would immediately make borrowing cheaper on credit cards and auto loans, since those products are based on the short ...

Speaking Thursday on Fox Business, Scott Bessent, Treasury Secretary under President Donald Trump, made it clear that the ...

A stronger-than-anticipated inflation reading reminded investors that Bitcoin remains a highly volatile asset just hours ...

Bitcoin slipped after rising producer prices blunted rate-cut hopes and a Trump official said the U.S. wouldn't start ...

Housing affordability crisis deepens as Treasury Secretary Bessent announces plans to address mortgage rates through ...